First Internet Bancorp (FRA:45H)

First Internet Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	259.83	233.84	192.34	140.6	123.47	120.63
Interest Income on Investments	60.05	58.04	47.11	16.31	10.42	16.23
Total Interest Income	319.87	291.89	239.44	156.91	133.88	136.86
Interest Paid on Deposits	193.67	183.15	143.36	41.83	29.82	55.98
Interest Paid on Borrowings	19.22	21.36	21.18	17.98	17.51	16.34
Total Interest Expense	212.89	204.51	164.54	59.82	47.33	72.32
Net Interest Income	106.99	87.38	74.9	97.09	86.56	64.54
Net Interest Income Growth (YoY)	27.93%	16.65%	-22.85%	12.17%	34.11%	2.50%
Mortgage Banking Activities	-	-	0.08	5.46	15.05	24.69
Gain (Loss) on Sale of Assets	-	-	-	-	2.52	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.14
Other Non-Interest Income	15.49	14.02	5.52	4.42	3.67	3.21
Total Non-Interest Income	7.27	47.35	26.13	21.26	32.84	36.34
Non-Interest Income Growth (YoY)	-81.26%	81.23%	22.90%	-35.28%	-9.61%	116.43%
Revenues Before Loan Losses	114.26	134.72	101.03	118.35	119.4	100.88
Provision for Loan Losses	67.53	17.07	16.65	4.98	1.03	9.33
Revenue	46.73	117.65	84.38	113.37	118.37	91.55
Revenue Growth (YoY)	-57.12%	39.44%	-25.58%	-4.22%	29.29%	24.07%
Salaries and Employee Benefits	51.21	49.94	44.06	39.52	35.83	32.12
Occupancy Expenses	12.97	11.9	10.6	10.69	7.06	6.4
Federal Deposit Insurance	6.01	5	3.88	1.15	1.21	1.81
Selling, General & Administrative	10.37	10.6	9.28	12.4	11.36	8.8
Other Non-Interest Expense	14.21	12.67	11.61	9.51	6.34	6.46
Total Non-Interest Expense	94.77	90.11	79.44	73.27	61.8	57.65
EBT Excluding Unusual Items	-48.04	27.54	4.94	40.1	56.57	33.9
Pretax Income	-48.04	27.54	4.94	40.1	56.57	33.9
Income Tax Expense	-14.92	2.27	-3.48	4.56	8.46	4.45
Net Income	-33.13	25.28	8.42	35.54	48.11	29.45
Net Income to Common	-33.13	25.28	8.42	35.54	48.11	29.45
Net Income Growth	-	200.30%	-76.32%	-26.13%	63.36%	16.70%
Basic Shares Outstanding	9	9	9	10	10	10
Diluted Shares Outstanding	9	9	9	10	10	10
Shares Change (YoY)	-0.27%	-1.05%	-7.67%	-3.82%	1.36%	-2.01%
EPS (Basic)	-3.80	2.91	0.95	3.73	4.85	2.99
EPS (Diluted)	-3.80	2.88	0.95	3.70	4.82	2.99
EPS Growth	-	203.16%	-74.32%	-23.24%	61.20%	19.12%
Dividend Per Share	0.240	0.240	0.240	0.240	0.240	0.240
Effective Tax Rate	-	8.23%	-	11.37%	14.95%	13.11%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.